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Question 4. 4. (TCO F) Pig Builder's, Inc. shows the following as of December 31, 2012. - Acquired 50% of Wolf Corp's common stock for
Question 4. 4. (TCO F) Pig Builder's, Inc. shows the following as of December 31, 2012. - Acquired 50% of Wolf Corp's common stock for $160,000 cash, which was borrowed from Granny's Bank. - Issued 5,000 shares of its preferred stock for land having a fair value of $320,000 - Issued 500 of its 11% debenture bonds, due 2017, for $392,000 cash - Paid $120,000 toward bank loan. - Purchased a patent for $220,000 cash - Sold available for sales securities for $796,000 - Recognized $88,000 net increase in returnable long term customer deposits Pig's net cash provided by investing activities for 2012 is |
$476,000. $636,000. $316,000. $416,000.
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